Higher Wages, More Jobs and Business Growth Due to State Moratorium on Regulation

The idea of a moratorium on regulation may sound like a blunt policy instrument to address the perceived negative effects of regulation on the economy. However, new research from the American Action Forum (AAF) finds that state moratoria on regulation provide gains to employment, wages, and small business growth. An average state implementing a moratorium would gain more than 15,600 jobs and create 2,800 new small businesses. In addition, a moratorium could increase total wages by more than $129 million per quarter.

Delays, Mistakes, and Violations: A Review of OMB’s Information Collection Budgets

The Office of Management and Budget (OMB) recently released a combo pack of (supposedly annual) reports on the government’s overall regulatory paperwork burden. A review of the reports reveals an 828 million hour paperwork mistake, 13 ACA-related requirements in violation of the Paperwork Reduction Act, and the Department of Health and Human Services (HHS) as the worst offender in the government.

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